Sale reports / South Dakota / Herreid Livestock Market / 2024-04-05

Herreid Livestock Market

Feeder Cattle · Herreid, South Dakota · Fri, Apr 5
● Final37 lots reportedUSDA AMS · slug 2024
Receipts
3,703 head
▲ 2,017 vs last sale 1,686▲ 813 vs year ago 2,890 · +28.1%
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Reporter comment USDA

As filed

Too few feeder cattle from two weeks ago to compare to today's offering and develop an accurate price trend. A large offering of many packages and loads today with cattle suitable for backgrounding or grass seeing the best demand and mostly good demand on finishing type cattle depending on flesh condition. Flesh varied, from moderate to heavy with some fill on the cattle at times. Both home raised and backgrounded cattle on offer, quality mostly average to attractive. Several opportunities to buy multiple loads to fill pens that buyers took advantage of. Cattle are nice and clean as pen conditions are dry right now. A moderate to active market with best activity the first two thirds of the sale. A rocky week for the futures which ended with losses on both live and feeder cattle again today. Next feeder cattle sale is Friday, April 12.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $328.46/cwt on 107 head. That ranks 1 of 10 comparable sales and sits −158.19 against this barn's trailing median of $486.66.
Average price
$328.46
107 head · 572 lb average
Value per head Derived
$1,880
Price × average weight ÷ 100
Grade differential Derived
$286
per head · Medium and Large 1 over Medium and Large 1-2
$21.03/cwt at this weight
vs the market
+2.77
vs SD average
+17.70 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1576330.031,90299
Medium and Large 1-2523309.001,6168thin
One grade step is worth $21.03/cwt here — about $286 a head. Across this sale the premium is widest at 400–500 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 500–600 lb

Same class and week · spot auction only
This sale107 hd
328.46
—
SD average5 barns · 530 hd
325.69
+2.77
National average173 barns · 11,586 hd
310.76
+17.70
This barn, trailing median10 sales
486.66
−158.19
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

This barn's trailing prices 500–600 lb

10 sales
533499464430median 486.6603/0603/2005/0106/1210/30
Steers 500–600 lb: high $519.08, low $443.74, median $486.66 across 10 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

Every lot

37 lots · USDA AMS · Herreid Livestock Market - Herreid, SD
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added. Grouped by class and set lightest first; USDA files them in sale-ring order.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers20 lots · lightest first
Steers450–500Medium and Large 1-2461330.00/cwt330.00–330.001,5217
Steers450–500Medium and Large 1466366.64/cwt358.00–374.001,70936
Steers500–550Medium and Large 1505340.00/cwt340.00–340.001,7176
Steers500–550Medium and Large 1-2523309.00/cwt309.00–309.001,6168
Steers550–600Medium and Large 1581329.39/cwt320.00–334.001,91493
Steers600–650Medium and Large 1603315.53/cwt310.00–325.001,90387
Steers600–650Medium and Large 1Full626289.00/cwt289.00–289.001,80915
Steers650–700Medium and Large 1-2673266.00/cwt266.00–266.001,79022
Steers650–700Medium and Large 1690286.86/cwt273.50–308.001,979102
Steers650–700Medium and Large 1Fleshy695271.70/cwt270.00–273.501,888140
Steers700–750Medium and Large 1725293.66/cwt292.25–294.002,129162
Steers700–750Medium and Large 1Fleshy738268.43/cwt264.00–271.501,981102
Steers750–800Medium and Large 1Fleshy763262.00/cwt262.00–262.001,99911
Steers750–800Medium and Large 1785276.75/cwt272.50–279.752,172296
Steers800–850Medium and Large 1-2814230.00/cwt230.00–230.001,8726
Steers800–850Medium and Large 1834260.54/cwt252.00–265.752,173537
Steers850–900Medium and Large 1857250.45/cwt240.00–254.252,146415
Steers850–900Medium and Large 1Fleshy872232.00/cwt232.00–232.002,02323
Steers900–950Medium and Large 1909243.75/cwt243.75–243.752,216126
Steers950–1000Medium and Large 1964226.95/cwt224.00–228.502,188203
Feeder Cattle · Heifers17 lots · lightest first
Heifers400–450Medium and Large 1-2411310.00/cwt310.00–310.001,2746
Heifers400–450Medium and Large 1433332.78/cwt326.00–340.001,44116
Heifers450–500Medium and Large 1466312.52/cwt301.00–320.001,45627
Heifers450–500Medium and Large 1-2481281.00/cwt281.00–281.001,35210
Heifers500–550Medium and Large 1530295.41/cwt287.50–300.001,56683
Heifers500–550Medium and Large 1-2530281.00/cwt281.00–281.001,4896
Heifers550–600Medium and Large 1Thin Fleshed553303.00/cwt303.00–303.001,67618
Heifers550–600Medium and Large 1571283.37/cwt276.00–293.001,618115
Heifers600–650Medium and Large 1631263.10/cwt259.00–276.501,66067
Heifers600–650Medium and Large 1-2648251.00/cwt251.00–251.001,62613
Heifers650–700Medium and Large 1668269.11/cwt259.00–276.001,79874
Heifers650–700Medium and Large 1Fleshy683251.90/cwt249.25–256.001,72064
Heifers700–750Medium and Large 1720254.37/cwt248.50–255.251,831363
Heifers700–750Medium and Large 1Replacement748270.00/cwt270.00–270.002,0206
Heifers750–800Medium and Large 1779242.52/cwt240.50–243.751,889269
Heifers800–850Medium and Large 1Replacement830263.45/cwt260.00–266.002,18738
Heifers900–950Medium and Large 1930229.23/cwt229.00–232.002,13280

This sale against other markets

South Dakota weighted averages
One sale is one barn on one day. The state ladder is every South Dakota auction USDA reported that week, weighted by head — the fairer test of whether a lot sold well.